Best Support/Resistance Indicators

[elitetradernyc]

Hey guys, are there built in Support and Resistance Indicators in Ninjatrader? If not, are there add-ons for this? How much do they cost?

[NinjaTrader_AdamP]

elitetradernyc,

There are some you could find in our support forum.

http://www.ninjatrader.com/support/forum/local_links.php?action=sendtofriend&catid=4&linkid=483

[elitetradernyc]

Thanks for the information. How do I install this file into a trading strategy file and access the resistance levels? When I attempted to compile this code as a strategy file it gives me this message "the namespace ninjatrader.indicator already contains a definition for DynamicSRLines"

[NinjaTrader_JC]

Hello elitetradernyc,

You will not be able to install the DynamicSRLines Indicator directly as a Strategy.

You may create a new strategy and use the same logic for calculating the Support and Resistant values as the Indicator for use inside your strategy.

Let us know if we can be of further assistance.

[elitetradernyc]

Yes, is it possible you can show me how/where to install the indicator code?

[NinjaTrader_JC]

Hello elitetradernyc,

You would want to place the code/calculations before you call your logic inside you strategy for the conditions. Here would be an example of an outline:

protected override void OnBarUpdate()
{
//Process Support and Resistance Calculaitons


//Entry conditions
if (...)
}


If you are having troubles importing the indicator into NinjaTrader follow the steps below:
* There are three areas that you can click on to download an Indicator from our support forum.
1. Click on the Name of the indicator
2. Click on the Down arrow
3. Click on the Chart/Picture
See attached image.

* Download the file to your desktop
* From the Control Center window select the menu File > Utilities > Import NinjaScript
* Select the downloaded file
* Press Open

Let us know if we can be of further assistance.

[elitetradernyc]

Hey guys, thanks for your help. Here's what I've done so far. I downloaded the DynamicSRLines custom SR indicator Zip file into Ninjatrader 7, unloaded it, then I added this code to my strategy and successfully compiled it:

Add(DynamicSRLines(Open, Color.Black, Color.Blue, 25, 256, 2, 5, 50));

But unfortunately, the Support/Resistance zones don't show on my charts when I run a backtest strategy, how can I make them show?

[NinjaTrader_JC]

Hello elitetradernyc,

Have you used those values on a normal chart to make sure you are drawing your support and resistance lines the way that you would like them?

Also, if you shrink the scaling of the price axis (verticle) by left clicking and holding on the price axis and move your mouse down do you see the resistance Rectangle?

http://www.ninjatrader.com/support/h...ng_a_chart.htm

Happy to be of further assistance.

[chrisca]

ncatRSD indicator is by far the best support/resistance indicator I have found. It highlights each zone and changes color as they are retested and come weaker. When support in a current area is gone, the level vanishes. It has changed how I see the market and made me a better trader because of it.

[_Gabor_]

Hello,

Is there indicator (for DAX) what's shows this levels. Previous high/low, stock market close 17:30, futures close 22:00, futures open 8:00, stock market open 9:00, all in CET time, intraday high, low. Look like this.

https://i.imgur.com/xdbcqoe.png

[NinjaTrader_PatrickG]

This indicator looks like a combination of several CurrentDayOHL and PriorDayOHLC with perhaps some different session templates in use and also some additional features I am unfamiliar with.

I am not aware of an indicator that performs identically to the one in your screenshot, however, I encourage you to search these forums for this add-on, and also encourage other users to chime in if they know of a tool which has all these features.

I notice that your screenshot has a watermark on it (StereoTrader). If you contact StereoTrader directly, they might be able to provide more information on how to apply this to your NinjaTrader charts.

[emorones]

How can I get ncatRSD indicator for NT 8?

[NinjaTrader_ChristopherD]

Hello emorones,

This appears to be a custom third-party indicator. I would suggest searching Google to find where it originated from.

[chrisca]

Hi Emorones,

I grabbed the ncatRSD indicator from Ninjacators.com